Indigenous Community Business Fund
Indigenous Tourism BC in partnership with Indigenous Services Canada and the Aboriginal Financial Institutions in BC are once again delivering a Tourism and Hospitality Fund through the Indigenous Community Business Fund.
The fund supports the operation of the businesses as well as costs to support the adaptation, planning and reopening of businesses.
It is intended to relieve financial pressure and allow these businesses and micro-businesses to strengthen operations and support their viability during the pandemic, with the goal of positioning them for recovery.
This fund will provide non-repayable grant contributions to First Nation owned businesses and micro-businesses in response to the economic impacts of COVID-19.
Who can Apply
Your community or collectives are eligible if the business:
is First Nations, community or collectively-owned business
is located in the provinces of BC
has been in operation since October 1, 2019
has either incurred a negative financial impact due to COVID-19 or that financial support will prevent layoffs, bankruptcy or permanent closure
has been solvent, financially viable, and not declared bankrupt prior to the economic disruptions associated with COVID-19
currently operates as a for profit entity and expects to continue to operate with a reduction in revenues from the previous year over the coming months as a result of COVID-19 in line with the terms of the Canada Emergency Wage Subsidy
has previously applied for federal business support and been declined, in whole or in part, or does not qualify under business support eligibility criteria:
this may include applications to more than 1 federal program depending on the requested support
First Nations, may apply for funding for 1 or more community-owned businesses.
